Know Types of GST Returns, Filing Period & Due Dates

GSTR-1: GSTR-1 is a monthly or quarterly return. It contains details of all outward supplies made by the taxpayer. It includes information about sales and other supplies made to other taxpayers (B2B), as well as supplies made to consumers (B2C). This return helps in the reconciliation of input tax credit and output tax liability.

GSTR-3B: GSTR-3B is a summary return that taxpayers need to file monthly. It is a simple return where businesses report their total sales, eligible input tax credit, as well as the total amount of tax payable for the month. Having said this, GSTR-3B serves as a self-assessment of the tax liability for that period.

GSTR-4: GSTR-4 is an annual return that the taxpayers opting for the Composition Scheme file under GST. Businesses opting for this scheme pay tax at a lower rate but cannot claim input tax credit. This return provides a summary of their outward supplies, inward supplies, and tax liability.

GSTR-5: GSTR-5 is a return that the non-resident taxpayers, who provide taxable goods or services in India but do not have a fixed place of business here, file. It contains details of their sales, tax liability, as well as any tax collected at source (TCS).

GSTR-6: GSTR-6 is a return that the Input Service Distributors (ISDs) file. An ISD is an office of a taxpayer that receives invoices for services that its branches have made use of. It then distributes the input tax credit to those branches. GSTR-6 contains information about input tax credit distribution to various units.

GSTR-7: GSTR-7 is a return that the taxpayers who deduct TDS file under Goods and service tax. It contains details of the amount of TDS as well as deposits with the government, along with the TDS certificates.

GSTR-8: GSTR-8 is a return that the e-commerce operators who collect TCS under GST, file. E-commerce operators collect a percentage of the transaction value as TCS while making payments to suppliers on their platforms. GSTR-8 contains details of the TCS collected and payable.

GSTR-9: GSTR-9 is an annual return that provides a comprehensive summary of all the monthly/quarterly returns filed during a financial year. It includes details of outward and inward supplies, input tax credits, taxes payments, and any additional information.

GSTR-10: GSTR-10 is filed by taxpayers whose GST registration has been canceled or surrendered. It is a one-time return that needs to be filed within three months of the date of cancellation or the date of the cancellation order, whichever is later.

GSTR-11: GSTR-11 is a return that entities with a Unique Identification Number (UIN) file. UIN holders include foreign diplomatic missions and embassies that are not liable to pay goods and services tax (GST) but can claim a refund of the GST payments on their purchases in India. GSTR-11 contains details of such purchases as well as refund claims.